Medical Imaging (ROCO:6637) Gross Margin %: 31.56% (As of Mar. 2026) — 22% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6637 Medical Imaging Corp ROCO:6637
86 GF Score
Price NT$62.00
GF Value NT$129.51
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Medical Imaging Gross Margin %?

Medical Imaging ROCO:6637 +1.64% 86 Gross Margin % is 31.56% as of Mar. 2026, which is 22% below its 10-year median of 40.38. GuruFocus rates ROCO:6637 with a GF Score™ of 86/100 and a GF Value™ of NT$129.51 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 117 Medical Distribution companies, Medical Imaging ranks better than 69.23% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Medical Imaging's Gross Profit for the three months ended in Mar. 2026 was NT$60 Mil. Medical Imaging's Revenue for the three months ended in Mar. 2026 was NT$190 Mil. Therefore, Medical Imaging's Gross Margin % for the quarter that ended in Mar. 2026 was 31.56%.

Warning Sign:

Medical Imaging Corp gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


The historical rank and industry rank for Medical Imaging's Gross Margin % or its related term are showing as below:

ROCO:6637' s Gross Margin % Range Over the Past 10 Years
Min: 28.32   Med: 40.38   Max: 49.15
Current: 28.32


During the past 13 years, the highest Gross Margin % of Medical Imaging was 49.15%. The lowest was 28.32%. And the median was 40.38%.

ROCO:6637's Gross Margin % is ranked better than
69.23% of 117 companies
in the Medical Distribution industry
Industry Median: 14.91 vs ROCO:6637: 28.32

Medical Imaging had a gross margin of 31.56% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Medical Imaging was -3.50% per year.


Medical Imaging  (ROCO:6637) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Medical Imaging had a gross margin of 31.56% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Medical Imaging Gross Margin % Related Terms


Medical Imaging Gross Margin % Historical Data

* Premium members only.

The historical data trend for Medical Imaging's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Medical Imaging Gross Margin % Chart

Medical Imaging Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.59 49.15 48.13 40.54 30.10

Medical Imaging Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.74 20.00 48.79 35.40 31.56

ROCO:6637 vs MCK, COR, CAH: Gross Margin % Comparison

For the Medical Distribution subindustry, Medical Imaging's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Medical Imaging Gross Margin % vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Medical Imaging's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Medical Imaging's Gross Margin % falls into.


ROCO:6637
86GF Score
Medical Imaging Corp ROCO:6637
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medical Imaging Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Medical Imaging's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=350.4 / 1164.38
=(Revenue - Cost of Goods Sold) / Revenue
=(1164.38 - 813.953) / 1164.38
=30.10 %

Medical Imaging's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=59.8 / 189.624
=(Revenue - Cost of Goods Sold) / Revenue
=(189.624 - 129.786) / 189.624
=31.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 31.56% mean?
Medical Imaging (ROCO:6637) has a Gross Margin % of 31.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Medical Imaging and its competitors. This is 22% below median its historical median of 40.38. Over the past decade, Medical Imaging's Gross Margin % has ranged from 28.32 to 49.15. According to the industry distribution chart, Medical Imaging ranks #36 out of 117 companies in the Medical Distribution industry, placing it in the top 30.8%.
Is Medical Imaging's Gross Margin % too high?
Medical Imaging's current Gross Margin % of 31.56% is 22% below median its 10-year median of 40.38. Over the past 10 years, this metric has ranged from a low of 28.32 to a high of 49.15. The Medical Distribution industry median Gross Margin % is 14.91. Medical Imaging's value of 31.56% is 111.7% above this industry median. Based on the distribution chart, Medical Imaging ranks #36 out of 117 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Medical Imaging has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Medical Imaging's Gross Margin % compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Medical Imaging ranks #36 out of 117 companies for Gross Margin %. This puts Medical Imaging in the upper half of its industry. The industry median Gross Margin % is 14.91. Medical Imaging's value of 31.56% is 111.7% above this benchmark. Historically, Medical Imaging's own Gross Margin % has ranged from 28.32 to 49.15 over the past decade. While the company's 10-year median is 40.38 vs. the industry median of 14.91, Medical Imaging has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Medical Distribution company?
The median Gross Margin % among Medical Distribution companies is 14.91, based on 117 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medical Imaging's current Gross Margin % of 31.56% is 111.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Medical Imaging and its competitors. For the Medical Distribution industry, the median Gross Margin % is 14.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Imaging's current Gross Margin % is 31.56%, which is 22% below median its own 10-year median of 40.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Imaging stock overvalued right now?
Based on GuruFocus' analysis, Medical Imaging (ROCO:6637) is currently considered Possible Value Trap. The stock's GF Value™ is NT$129.51, compared to a current price of NT$62.00 — trading 52.1% below its estimated fair value. The current Gross Margin % is 31.56%, which is 22% below median its 10-year median of 40.38 and 111.7% above the Medical Distribution industry median of 14.91. Medical Imaging's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Medical Imaging (ROCO:6637), the current Gross Margin % is 31.56% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Medical Imaging (ROCO:6637) Overvalued in 2026?

Based on GuruFocus' analysis, Medical Imaging stock appears to be undervalued. The current stock price of NT$62.00 is trading 52.1% below its estimated GF Value™ of NT$129.51. GuruFocus considers Medical Imaging to be Possible Value Trap.

Key valuation signals for ROCO:6637:

  • Gross Margin %: 31.56% (22% below median its 10-year median of 40.38)
  • GF Value™: NT$129.51 vs. price of NT$62.00 (52.1% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 111.7% above the Medical Distribution median (#36 of 117)

No single metric tells the full story. See the ROCO:6637 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medical Imaging Business Description

Address No. 510, Section 5, Zhongxiao East Road, 2nd Floor, 19th Floor, Xinyi District, Taipei City, TWN
Medical Imaging Corp is a Taiwan based medical equipment company. It is engaged in medical equipment distribution, hospital equipment rental, and equipment maintenance.
86GF Score

Get the complete analysis for ROCO:6637

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$62.00
Price
NT$129.51
GF Value